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<SEC-DOCUMENT>0000950137-07-015152.txt : 20071005
<SEC-HEADER>0000950137-07-015152.hdr.sgml : 20071005
<ACCEPTANCE-DATETIME>20071005153448
ACCESSION NUMBER:		0000950137-07-015152
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20071001
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20071005
DATE AS OF CHANGE:		20071005

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FULL HOUSE RESORTS INC
		CENTRAL INDEX KEY:			0000891482
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990]
		IRS NUMBER:				133391527
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-32583
		FILM NUMBER:		071159198

	BUSINESS ADDRESS:	
		STREET 1:		4670 S. FORT APACHE ROAD
		STREET 2:		SUITE 190
		CITY:			LAS VEGAS
		STATE:			NV
		ZIP:			89147
		BUSINESS PHONE:		7022217800

	MAIL ADDRESS:	
		STREET 1:		4670 S. FORT APACHE ROAD
		STREET 2:		SUITE 190
		CITY:			LAS VEGAS
		STATE:			NV
		ZIP:			89147
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a34304e8vk.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML>
<HEAD>
<TITLE>Full House Resorts, Inc.</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>




<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>WASHINGTON, D.C. 20549</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B><DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></B>
</DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>FORM 8-K</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>CURRENT REPORT<BR>
PURSUANT TO SECTION 13 OR 15(d) OF<BR>
THE SECURITIES EXCHANGE ACT OF 1934</B>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><b>Date of Report (Date of earliest event reported): October&nbsp;1, 2007</b></DIV>

<DIV align="center" style="font-size: 24pt; margin-top: 12pt"><B>FULL HOUSE RESORTS, INC.</B>
</DIV>

<DIV align="center" style="font-size: 10pt">(Exact name of registrant as specified in its charter)</DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top">Delaware<BR>
(State or other jurisdiction of <BR>
incorporation)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">1-32583<BR>
(Commission File Number)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">13-3391527<BR>
(I.R.S. Employer<BR>
Identification No.)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="47%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top">4670 S. Fort Apache Road, Suite&nbsp;190<BR>
Las Vegas, Nevada<BR>
(Address of principal executive offices)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><br>89147<BR>
(Zip Code)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 6pt"><b>Registrant&#146;s telephone number, including area code: 702-221-7800</b>

</DIV>
<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><DIV align="center"><DIV style="font-size: 3pt; margin-top: 1pt; width: 50%; border-top: 1px solid #000000">&nbsp;</DIV></DIV>(Former name or former address, if changed since last report)</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><FONT face="Wingdings">&#111;</FONT>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD> Written communications pursuant to Rule&nbsp;425 under the Securities Act (17CFR 230.425)</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><FONT face="Wingdings">&#111;</FONT>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD> Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR 240.14a-12)</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><FONT face="Wingdings">&#111;</FONT>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD> Pre-commencement communications pursuant to Rule&nbsp;14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><FONT face="Wingdings">&#111;</FONT> &nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Pre-commencement communications pursuant to Rule&nbsp;13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c))</TD>
</TR>

</TABLE>

<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>



</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>

<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<!-- TOC -->
<A name="toc"><DIV align="CENTER" style="page-break-before:always"><U><B>TABLE OF CONTENTS</B></U></DIV></A>

<P><CENTER>
<TABLE border="0" width="90%" cellpadding="0" cellspacing="0">
<TR>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="76%"></TD>
</TR>
<TR><TD></TD><TD colspan="8"><A HREF="#000">Item&nbsp;1.01 Entry into a Material Definitive Agreement.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#001">Item&nbsp;9.01 Financial Statements and Exhibits.</A></TD></TR>
<TR><TD colspan="9"><A HREF="#002">SIGNATURES</A></TD></TR>
<TR><TD colspan="9"><A HREF="#003">EXHIBIT INDEX</A></TD></TR>
<TR><TD colspan="9"><A HREF="a34304exv10w1.htm">EXHIBIT 10.1</A></TD></TR>
<TR><TD colspan="9"><A HREF="a34304exv99w1.htm">EXHIBIT 99.1</A></TD></TR>
</TABLE>
</CENTER>
<!-- /TOC -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>





<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>SECTION 1 &#151; Registrant&#146;s Business and Operations</B>
</DIV>

<!-- link2 "Item&nbsp;1.01 Entry into a Material Definitive Agreement." -->
<DIV align="left"><A NAME="000"></A></DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Item&nbsp;1.01 Entry into a Material Definitive Agreement.</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On October&nbsp;1, 2007, Stockman&#146;s Casino, Inc. (&#147;Stockman&#146;s&#148;), a wholly owned subsidiary of Full
House Resorts, Inc. (&#147;Full House&#148;), entered into a definitive Agreement of Sale and Purchase (the
&#147;Agreement&#148;) with Dhillon Hospitality Management, Inc. (the &#147;Buyer&#148;).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Under the terms of the Agreement, the Buyer will purchase from Stockman&#146;s the real property,
building, improvements and personal property comprising the hotel operations generally known as the
Holiday Inn Express located in Fallon, Nevada for a purchase price of $7.2&nbsp;million. Full House
expects to net approximately $6.1&nbsp;million in after tax proceeds which it intends to use to reduce
debt. The Agreement provides that at closing, both parties will execute and deliver to each other
a Joint Marketing Agreement in the form attached to the Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Agreement provides for a closing no later than 90&nbsp;days following the date of the
Agreement. The closing will be subject to the completion of due diligence, licensing and other
customary conditions. There can be no assurance that the conditions to closing under the Agreement
will ever be satisfied, or any transaction contemplated under the Agreement will be consummated.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The foregoing summary of the Agreement does not purport to be complete and is subject to, and
qualified in its entirety by, the full text of the Agreement which is attached as Exhibit&nbsp;10.1 and
incorporated herein by reference. A copy of the October&nbsp;5, 2007 press release announcing the
Agreement is attached hereto as Exhibit&nbsp;99.1.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>SECTION 9 &#151; Financial Statements and Exhibits</B>
</DIV>

<!-- link2 "Item&nbsp;9.01 Financial Statements and Exhibits." -->
<DIV align="left"><A NAME="001"></A></DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Item&nbsp;9.01 Financial Statements and Exhibits.</B>
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(d)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Exhibits</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">10.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Agreement of Sale and Purchase signed October&nbsp;1, 2007.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">99.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Press Release issued on October&nbsp;5, 2007.</TD>
</TR>

</TABLE>
</DIV>
<!-- link1 "SIGNATURES" -->
<DIV align="left"><A NAME="002"></A></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SIGNATURES</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this report to be signed on its behalf by the undersigned hereunto duly authorized.
</DIV>


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left"><B>Full House Resorts, Inc.</B><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">Date: October 5, 2007&nbsp;</TD>
    <TD colspan="3" style="border-bottom: 1px solid #000000" align="left">/s/ Barth F. Aaron
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="left">Barth F. Aaron&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="left">Secretary/General Counsel&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>

</TABLE>

<P align="center" style="font-size: 10pt"><!-- Folio -->2<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>

</TABLE>
<!-- link1 "EXHIBIT INDEX" -->
<DIV align="left"><A NAME="003"></A></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>EXHIBIT INDEX</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="88%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center" colspan="2" style="border-bottom: 1px solid #000000">Exhibit No.</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Description</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="left" valign="top">10.1</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Agreement of Sale and Purchase signed October&nbsp;1, 2007.</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="right" valign="top">99.1</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Press Release issued on October&nbsp;5, 2007.</DIV></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P align="center" style="font-size: 10pt"><!-- Folio -->3<!-- /Folio -->
</DIV>



</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>a34304exv10w1.htm
<DESCRIPTION>EXHIBIT 10.1
<TEXT>
<HTML>
<HEAD>
<TITLE>Exhibit 10.1</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="right" style="font-size: 10pt; margin-top: 12pt">Exhibit&nbsp;10.1
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>AGREEMENT OF SALE AND PURCHASE</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;THIS AGREEMENT OF SALE AND PURCHASE (The &#147;Agreement&#148;) is made as of this
<U>1<SUP style="font-size: 85%; vertical-align: text-top">st</SUP></U> day of <U>October</U>, 2007 by and between Stockman&#146;s Casino, a Nevada
corporation (&#147;Seller&#148;) and Dhillon Hospitality Management Inc. of 3309 Vancouver Drive, Modesto,
California 95355, or its assigns (&#147;Purchaser&#148;). In consideration of the agreements contained
herein and for other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, Seller and Purchaser hereby agree as follows:
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><U>I.</U><BR>
<U>SALE AND PURCHASE PROPERTY</U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.01 <U><B>Sale and purchase</B></U><B>. </B>Subject to the terms and provisions of this agreement,
Seller agrees to convey unto Purchaser, and Purchaser agrees to purchase from Seller, all of the
following property:
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">A.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>That certain tact or parcel of land (the &#147;Land&#148;) located at 55 Commercial Way,
Fallon, NV 89406, more particularly described as Parcel 3 of the Parcel Map for James
R. Peters, as trustee under the James R. Peters Family Trust Agreement recorded March
1, 2005, under Document No.&nbsp;368694, Official Records, Churchill County, Nevada. Also
known as Assessor Parcel No.&nbsp;001-231-73</TD>
</TR>

</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">together with (i)&nbsp;all right, title and interest, if any, of Seller in and to the land
subject to any rights, easements, encroachments or other matters of record or as revealed in
a survey of the parcel, and (ii)&nbsp;all of the rights and appurtenances belonging or in any way
pertaining to the Land. The Land and all building, fixtures, structures, and improvements
thereon and all appurtenances thereto described in this Section&nbsp;1.01(a) are hereinafter
collectively called the &#147;Real Property&#148;;
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">B.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>All personal property owned by Seller situated on or used in connection with
the operation of the Holiday Inn Express on the Real Property, including, without
limitation, all fixtures, machinery, air conditioning and heating equipment, supplies,
replacement parts, floor coverings, wall coverings, drapes, blinds, partitions, fire
prevention and extinguishing apparatus, security systems, plants, furniture and all
building materials owned by Seller for use of the Holiday Inn Express on the Real
Property, together with all supplies, food stuffs, beverages and inventory on hand
including stationary, guest folios, registration cards, linens and similar supplies two
and half time turn over, all of which shall hereinafter be referred to collectively as
the &#147;Personal Property&#148;, but not including any Personal Property used in or for the
operation of Stockman&#146;s Casino.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">C.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>All of Seller&#146;s right, title and interest in an to all leases, and telephone
numbers which are exclusively assigned to or used by the HIE assigned to Seller in
connection with the Real Property and hotel operations, service contracts, warranties,
licenses, permits, and all other intangible rights which are owned by the seller and
are related to the Real Property and the Personal Property, but</TD>
</TR>

</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->1<!-- /Folio -->
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR valign="top" style="font-size: 10pt; color: #textcolor#; background: #bgcolor#">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>subject to and conditioned upon the Joint Marketing Agreement referred to herein and
the parties acknowledge that there are no ground leases related to the HIE; and</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">D.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>All other rights, privileges, and appurtenances owned by Seller, reversionary
or otherwise and in any way related to the properties described in this Article&nbsp;I.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Real Property, the Personal Property, and the aforesaid other rights, agreements,
contracts, licenses, permits and interests described in this Article&nbsp;I hereafter sometimes referred
to collectively as the &#147;Project.&#148;
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><U>II.</U><BR>
<U>CONSIDERATION</U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.01 <U><B>Purchase Price</B></U>. The total purchase price (&#147;Purchase Price&#148;) to be paid by
Purchaser to Seller for the sale and conveyance of the Project shall be Seven Million, Two Hundred
Thousand Dollars ($7,200,000), payable in cash at the Closing.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.02 <U><B>Earnest Money</B></U>. Purchaser has deposited with Stewart Title of Northern Nevada
located at 5355 Kietzke Lane in, Reno, Nevada (&#147;Title Company&#148;) in immediately available funds the
amount of $75,000 the (&#147;Earnest Money&#148;). The Earnest Money shall be placed in a non-interest
bearing account. In the event that this Agreement is terminated prior to consummation of the
purchase and sale of the Project in accordance with this Agreement, then the Earnest Money shall be
delivered as provided herein. In the event that this Agreement is not terminated at or prior to
the expiration of the Review Period, the Earnest Money deposit shall be non-refundable.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.03 <U><B>PIP Expense.</B></U> Buyer understands that IHG has issued a Property Improvement Plan
(&#147;PIP&#148;) which requires remodeling, upgrading and refurbishing the Hotel. Buyer agrees to assume
all liability and responsibility for the PIP improvements and shall indemnify and hold harmless
Seller from any claim or demand due from the making of PIP remodeling, upgrading, refurbishing or
improvement.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><U>III.</U><BR>
<U>TIME</U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.01 <U><B>Effective Date.</B></U> The &#147;Effective Date&#148; of this Agreement shall be the date on
which both parties have signed this Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.02 <U><B>Closing Date.</B></U> The &#147;Closing Date&#148; shall be the date on which payment of the
purchase price is made and title to the Project is conveyed by the Seller to the Purchaser and
shall be on a mutually acceptable date and time no later than ninety (90)&nbsp;days following the
Effective Date.
</DIV>

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</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.03 <U><B>Time of the Essence.</B></U> The Parties and agree and understand that time is of the
essence to this Agreement and all obligations shall be satisfied within the time specified.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><U>IV.</U><BR>
<U>TITLE, SURVEY, DOCUMENTATION, CONDITION OF PROJECT, AND <br>FRANCHISE REQUIREMENTS</U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.01 <U><B>Survey</B></U>. Seller shall within ten (10)&nbsp;days after the Effective Date, furnish
Purchaser with a copy of its existing survey certified as of the 16th day of July, 2007 (the
&#147;Survey&#148;). Purchaser shall have the right, at its expense, to have such Survey re-certified or
updated.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.02 <U><B>Title Commitment</B></U>. Purchaser shall obtain at its sole expense any title
commitment, binder, insurance or other indemnity concerning the title and quality of the Real
Property. On request of Purchaser, Seller shall within ten (10)&nbsp;days after the request, deliver to
Purchaser a copy of Seller&#146;s policy of title insurance covering the Property.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.03 <U><B>Review of Title and Survey.</B></U> Purchaser shall have a period (the &#147;Review Period&#148;)
ending forty-five (45)&nbsp;days after the Effective Date of this Agreement in which to notify Seller of
any objections Purchaser has to any Title and Survey matters. The Real Property is being sold &#147;as
is&#148; with all liens, encroachments, rights, easements any other matters of record, except that
Seller shall cause all liens of record to be released or terminated as of the closing date
incuding, but not limited to, any lien or right existing in Nevada State Bank or James R. Peters,
as Trustee of the James R. Peters Family Trust due to or as a result of a mortgage or loan dated as
of January&nbsp;31, 2007.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.04 <U><B>Condition of Project.</B></U> Purchaser will make its own examination of the Project,
including on-site inspections and such environmental studies as Purchaser deems necessary, and will
accept the Project in its present &#147;AS IS&#148; condition. Purchaser acknowledges that Seller has made
no representations whatsoever regarding the physical condition of the Project or the financial
operations of the business conducted thereon.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.05 <U><B>Franchise Requirements.</B></U> Purchaser shall take such steps as are required to
secure a licensing/franchise agreement to continue the project operation as a Holiday Inn Express
from the Intercontinental Hotel Group (IHG)&nbsp;and to release Seller from any continuing obligation to
IHG as of the Closing Date. Any and all expenses incident to the acquisition and issuance of such
license, including required repairs, except for the allowance in Section&nbsp;2.03 (a)&nbsp;above, shall be
that of the Purchaser, Seller agrees that it will cooperate in reasonable and prompt manner to
assist Purchaser in this regard. Seller shall notify IHG of the proposed transfer of the property
to Purchaser. Purchaser shall apply for a new franchise license agreement within fifteen (15)&nbsp;days
following the effective date of this agreement.
</DIV>

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</DIV>

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<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><U>V.</U><BR>
<U>CONDITIONS PRECEDENT TO PURCHASER&#146;S OBLIGATION TO CLOSE</U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.01 <U><B>Due Diligence.</B></U> During the forty-five (45)&nbsp;days immediately following the
Effective Date (the &#147;Review Period&#148;) Purchaser may conduct any investigation or review of the
financial condition, operation, environmental status, contract, insurance, litigation, inventory,
or other matters related to the condition of the Real Property or the business and operation of the
Project as it may in its sole discretion desire at its sole expense.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.02 <U><B>Seller&#146;s Cooperation.</B></U> Seller shall cooperate with such investigation and review
as set forth in Section&nbsp;5.01 and shall provide Purchaser with any documents or records which exist
in furtherance of such investigation and review. However, Seller shall have no obligation to
create records or documents which do not otherwise exist or Seller does not otherwise maintain in
its normal course of business.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.03 <U><B>Limitation.</B></U> Purchaser shall not visit the site or contact any employee of
Stockman&#146;s Casino or Holiday Inn Express, Fallon, Nevada without the express written consent of T.
Wesley Elam, Mark Miller, or his designee.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.04 <U><B>Confidentiality.</B></U> Purchaser agrees to keep in strict confidence and to not
disclose to any other person any information concerning the status or condition of the Real
Property or concerning the business or operation of the Holiday Inn Express, Fallon, Nevada and
shall return to Seller any and all documents or records provided by Seller for purposes of the due
diligence review in the event that a closing does not occur. This paragraph shall specifically
survive the termination of this Agreement and shall remain an obligation of the Purchase for a
period of three (3)&nbsp;years following the termination of this Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.05 <U><B>Termination.</B></U> No later than the end of the Review Period, Purchaser may terminate
this Agreement by providing written notice of termination to the Seller. In the event Purchaser
provides such written notice, the Title Company shall return the Earnest Money to Purchaser within
five (5)&nbsp;days, and thereafter all parties hereto or mentioned herein shall be released and relieved
of further obligations, liabilities or claims hereunder. In the event Purchaser does not provide
such timely written notice, and this agreement is terminated the Earnest Money shall be
non-refundable and shall be released to the Seller by the Title Company on request of the Seller.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><U>V-A.</U><BR>
<U>CONDITIONS PRECEDENT TO SELLER&#146;S OBLIGATION TO CLOSE</U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5A.01 <U><B>Board Approval</B></U>. Seller shall have ten (10)&nbsp;days following execution of this
Agreement to submit the Agreement to its Board of Directors for approval. In the event that the
Board of Directors does not approve this Agreement, this Agreement shall terminate, the Seller
shall instruct the Escrow Agent to return the Deposit moneys to the Purchaser and neither party
shall have any further obligation to the other.
</DIV>

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<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><U>VI.</U><BR>
<U>SELLER&#146;S REPRESENTATIONS AND WARRANTIES</U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.01 <U><B>Seller&#146;s Representation and Warranties</B></U><B>. </B>Seller hereby represents and warrants as
of the Effective Date and as of the Closing that:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">(a)&nbsp;There is no action, suit, proceeding or claim affecting the Project or any portion
thereof nor affecting Seller and relating to the ownership, operation, use or occupancy of
the project pending or being prosecuted in any court of by or before any federal, state,
county, or municipal department, commission, board, bureau, or agency or other governmental
entity nor, to the knowledge of Seller, is any such action suit, proceeding or claim
threatened or asserted. No proceeding is pending or presently being prosecuted for the
reduction of the assessed valuation of taxes or other assessments payable in respect of any
portion of the Project;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">(b)&nbsp;Seller has not received any written notice or request from any insurance company or
board of fire underwriters (or any organization exercising functions similar thereto)
requesting the performance of any work or alterations in respect of the Project.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">(c)&nbsp;Seller is a Nevada corporation duly organized and validly existing under the laws
of the State of Nevada and has all requisite power and authority to carry on its business as
it has been operated until the Closing.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">(d)&nbsp;Seller covenants and agrees to operate the Project in the same manner as it has
been operated until Closing. From the Effective Date until Closing, Seller will maintain an
inventory of linens and soft goods necessary to operate Project in its usual two and half
times and customary manor.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">(e)&nbsp;During the Term of this Agreement, Seller shall fully perform and observe all
requirements of existing contracts and agreements affecting the Project
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">(f)&nbsp;Seller is not a foreign person or entity pursuant to the Foreign Investment in Real
Property Tax Act, or the Tax reform act of 1984, and Purchaser is not obligated to withhold
portions of the Purchase Price for the benefit of the Internal Revenue Service
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><U>VII.</U><BR>
<U>PURCHASER&#146;S REPRESENTATIONS AND WARRANTIES</U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.01 <U><B>Purchaser&#146;s Representation and Warranties</B></U><B>. </B>Purchaser hereby represents and
warrants as of the Effective Date and as of the Closing that:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">(a)&nbsp;Purchaser is a California corporation.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">(b)&nbsp;Purchaser has full power and authority (including full corporate power and authority) to
execute and deliver this Agreement and to perform its obligations hereunder. This Agreement
constitutes the legal, valid and binding obligation of Purchaser, enforceable in accordance
with its terms and conditions.
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">(c)&nbsp;Neither the execution and the delivery of this Agreement, nor the consummation of the
transactions contemplated hereby, will violate any constitution, statute, regulation, rule,
injunction, judgment, order, decree, ruling, charge, or other restriction of any
governmental body to which Purchaser is subject or any provision of its charter or bylaws.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">(d)&nbsp;Purchaser has no liability or obligation to pay any fees or commissions to any broker,
finder, or agent with respect to the transactions contemplated by this Agreement for which
Seller could become liable or obligated. Purchaser hereby indemnifies and holds harmless
Seller, its affiliated entities, its shareholders, officers, directors, employees and agents
from any claim, demand or judgment for the payment of a broker&#146;s fee or commission.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">(e)&nbsp;Purchaser has sufficient funds presently available, individually and/or with committed
loan funds, to fulfill the financial obligations of this Agreement and will have such funds
available at the Closing.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">(f)&nbsp;Purchaser will have conducted its own due diligence review and investigation and does
not rely on any statement, record or document provided by Seller pertaining to the condition
or title to the Real Property or to the business or operation of the HIE.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><U>VIII.</U><BR>
<U>REMEDIES</U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.01 <U><B>Purchaser&#146;s Remedies.</B></U> In the event that Seller fails or refuses to timely
comply with its obligations hereunder or is unable to do so as the result of its willful act or
failure to act, Purchaser may:
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Waive prior to or at the Closing, as applicable, the applicable objection or
condition and proceed to close the transaction contemplated hereby in accordance with
the remaining terms hereof, or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Enforce specific performance if Purchaser has waived all objections and/or
defaults.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.02 <U><B>Seller&#146;s Remedies.</B></U> If Purchaser wrongfully fails to perform Purchaser&#146;s
obligations pursuant to this Agreement, Seller may terminate this Agreement and be entitled to
receive the proceeds of the Earnest Money as liquidated damages and not as penalty in full
satisfaction of Seller&#146;s claim (including attorney&#146;s fees) against Purchaser or any other party
hereunder or pursuant hereto or in connection herewith. Seller and Purchaser agree that the amount
of the earnest money is a fair estimate of those damages to which the parties have agreed in a
sincere effort to make the damages certain.
</DIV>

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</DIV>

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<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><U>IX.</U><BR>
<U>CLOSING</U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.01 <U><B>Closing.</B></U> Provided that all of the conditions of this agreement shall have been
satisfied prior to or at the Closing, this transaction shall close at the offices of Stewart Title
of Northern Nevada, 5355 Kietzke Lane, Suite&nbsp;102, Reno, Nevada 89511or such other location as is
mutually agreed upon by the parties on a date no later than ninety (90)&nbsp;days following the
Effective Date or such earlier date as may be agreed to by Seller and Purchaser by not less than
five (5)&nbsp;days advance notice to Seller.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.02 <U><B>Closing Matters.</B></U> At the Closing,
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.02.1 <B>Seller </B>shall (at Seller&#146;s sole cost and expense) (a)&nbsp;execute and deliver to Purchaser a
Warranty Deed conveying to Purchaser good and indefeasible in fee simple absolute title to the Real
Property, subject only to Permitted Exceptions; (b)&nbsp;execute and deliver to Purchaser a Bill of Sale
conveying to Purchaser all of the Personal Property and incidental rights described in Article&nbsp;I;
(c)&nbsp;execute and deliver to Purchaser a certificate signed by Seller that the representations and
warranties contained in this Agreement are true and correct as of the Closing; (d)&nbsp;execute and
deliver to Purchaser an assignment of the service contracts, warranties, licenses, permits and
rights described in Article&nbsp;I; (e)&nbsp;deliver to Purchaser such evidence of authority to close this
Agreement as Purchaser reasonably requests; (f)&nbsp;execute and deliver the affidavit in form and
substance satisfactory to Purchaser that Seller is not a foreign person or entity subject to the
Foreign Investment in Real Property Tax Act or the Tax Reform Act of 1984; (g)&nbsp;deliver and all
other items contemplated by the terms of this Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.02.2 <B>Purchaser </B>shall deliver the following: (a)&nbsp;the Purchase Price in immediately available
funds in accordance with Section&nbsp;2.01 above; (b)&nbsp;such evidence of authority to close this Agreement
as Seller reasonably requests; (c)&nbsp;a Deed of Trust securing any third party financing, and (d)&nbsp;such
other documents as Seller reasonably requests, including evidence of authority to close this
Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.02.3 <B>Both Parties </B>shall execute and deliver to each other the following: (a)&nbsp;a Joint
Marketing Agreement in the form attached hereto as Exhibit&nbsp;A,
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.03 <U><B>Closing Costs</B></U>. Purchaser and Seller shall equally pay any escrow fee charged by
the Title Company. Seller shall pay its share of the pro-rations described below. Purchaser shall
pay (i)&nbsp;seller shall pay all costs for the Commitment and the Owner&#146;s Title Policy; (ii)&nbsp;Buyer
shall pay the cost of the UCC searches; (iii)&nbsp;The seller shall pay the cost of the Tax
Certificates; (iv)&nbsp;Buyer shall pay the cost of recording the Deed and Purchaser&#146;s Deed of Trust,
(v)&nbsp;the premium for the Mortgagee&#146;s Policy of title insurance and (vi)&nbsp;its proportionate share of
the pro-rations described below. Each party shall be responsible for the payment of its own
attorney&#146;s fees incurred in connection with this agreement and all other expenses which each party
may incur. Additionally, any expenses, charges and fees of closing, not specifically allocated
herein or incurred by a specific party, shall be borne by the parties in accordance with the
general custom where the land is located, or, if no such custom exists, shall be borne equally
between the parties.
</DIV>

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</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.03.1 <U><B>Pro-rations.</B></U> Pro-rations shall be made as follows:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">(a)&nbsp;Real and personal property ad valorem taxes shall be prorated as of the Closing,
based upon actual days involved. Seller shall be responsible for all ad valorem
taxes for any period prior to the closing. Purchaser shall receive credit on the
amount of the cash payments to be made by purchaser pursuant hereto for the
pro-rated amount thereof chargeable to Seller. In connection with the pro-ration of
both real and personal property ad valorem taxes, if actual tax figures for the year
of closing are not available at the closing, an estimated, tentative pro-ration of
taxes shall be made using tax figures for the preceding year; however, when actual
taxes for the year of closing are available, a corrected pro-ration shall be made.
If such taxes for the year of Closing increase over those for the preceding year,
Seller shall pay to Purchaser a pro rata portion of such increase, computed to the
closing, and conversely, if such taxes for the year of closing decrease from those
of the preceding year, Purchaser shall pay to Seller a pro rata portion of such
decrease, computed to the closing, any such payment to be made within ten (10)&nbsp;days
after notification by either party that such adjustment is necessary. Seller shall,
on or before the Closing, furnish to purchaser and the Title Company all information
necessary to compute the pro-rations provided for in this Section. Seller shall pay
all special taxes or assessments to the date of Closing.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">(b)&nbsp;Seller shall be entitled to all room rentals for rooms rented
for periods commencing prior to 6:00 a.m. on the date of the Closing. Seller
shall be responsible for paying all employees up to and including the date of
closing, including any accrued vacation pay.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">(c)&nbsp;Final meter readings on all utilities charged to the project shall be made as of
the day preceding the closing. Seller shall arrange for and pay for final billings
on utilities down to the day preceding closing; and Purchaser shall be responsible
for utilities used on or after the date of closing.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">(d)&nbsp;Purchaser shall be responsible for the payments of all operating expenses of the
project attributable to periods commencing on or after Closing, and Seller shall be
responsible for the payment of all operation expenses of the Project incurred for
all prior periods, including, but not limited to HIE fees and royalties,
Hotel/Motel taxes, wages, vacation pay, severance pay, fringe benefits and payroll
taxes. An adjustment will be agreed upon and made at Closing for pre-paid expenses.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">(e)&nbsp;To the extent possible, the amount of any adjustment described
in this section shall be estimated and paid at the closing, based upon the best
information available to Purchaser and Seller at the time, and shall be
adjusted as soon thereafter as may be determined with reasonable certainty.
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><U>X.</U><BR>
<U>MISCELLANEOUS</U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.01 <U><B>Gaming Limitation.</B></U> Purchaser agrees that it will not conduct nor permit the
conduct of gaming on its premises. This obligation is continuing and this paragraph shall survive
the termination of this Agreement and shall not merge into the Deed or otherwise be limited or
terminated at Closing.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.02 <U><B>Escrow Instructions.</B></U> In the event either party hereto becomes entitled to the
Earnest money as liquidated damages, or upon termination of this agreement in accordance with its
terms, Purchaser and Seller covenant and agree to deliver a letter of instruction to the title
Company directing the disbursement of the Earnest Money to the Party entitled thereto. In the
event either party hereto fails or refuses to sign or deliver such an instruction letter when the
other party is entitled to a disbursement of the earnest Money, than the party so failing or
refusing to sign or deliver such letter shall pay, upon the final order of a court with appropriate
jurisdiction stating that such other party is entitled to a disbursement of the Earnest Money, all
reasonable attorney&#146;s fees and court cost incurred by the party so entitled to the Earnest Money in
connection with it&#146;s recovery thereof.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.03 <U><B>Integration: Modification.</B></U> This agreement constitutes the entire and final
expression of the agreement of the parties hereto and supersedes all previous agreements and
understanding of the parties, either oral or written. There are no other agreements, oral or
written, between parties regarding the Project, and this agreement can only be amended by written
agreement signed by the parties hereto and by reference made a part hereof.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.04 <U><B>Binding Effect.</B></U> This Agreement shall be binding upon and inure to the benefit
of Seller and Purchaser, and their respective heirs, personal representative, successors and
assigns.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.05 <U><B>Notice.</B></U> Any notice, communication, request, demand, reply or advice (severally
and collectively referred to as &#147;Notice&#148;) in this agreement required or permitted to be given, made
or accepted must be in writing. Notice may, unless otherwise provided herein, be given or served
(a)&nbsp;by depositing the same in the United States Mail, postage paid, registered or certified, and
addressed to the party to be notified, with return receipt requested, (b)&nbsp;by delivering the same to
such party, or an agent of such party, or (c)&nbsp;when appropriate, by telegram or wire addressed to
the party to be notified. Notice deposited in the mail in the manner herein above described shall
be effective from and after the expiration of three (3)&nbsp;days after such deposit. Notice given in
any other manner shall be effective only if and when received by the party to be notified. For the
purpose of notice, the addresses of the parties shall, until changed as provide below, be as
follows:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Seller:

</DIV>
<DIV align="left" style="font-size: 10pt; margin-left: 3%; margin-top: 6pt">Stockman&#146;s Casino<BR>
c/o Full House Resorts, Inc.<BR>
4670 So. Fort Apache Road, Suite&nbsp;190<BR>
Las Vegas, Nevada 89147
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->9<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Purchaser:

</DIV>
<DIV align="left" style="font-size: 10pt; margin-left: 3%; margin-top: 6pt">Dhillon Hospitality Management Inc.<BR>
3309 Vancouver Drive,<BR>
Modesto, California 95355
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Broker:

</DIV>
<DIV align="left" style="font-size: 10pt; margin-left: 3%; margin-top: 6pt">Alan D. Brock<BR>
Alan Brock &#038; Associates, Inc.<BR>
1452 Hughes Road, Suite&nbsp;200<BR>
Grapevine, Texas 76051
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The parties hereto shall have the right from time to time to change their respective
addresses, and each shall have the right to specify as its address any other address with in the
United States of America, by written notice to the other party.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.06. <U><B>Brokerage Commissions.</B></U> Upon the closing of this agreement and the payment of
the purchase price, Seller shall pay to Alan Brock and Associates, Inc. a commission of three
percent (3%) of the purchase price less the allowance for Property Improvement Plan payments not to
exceed $250,000 in consideration of the broker&#146;s services rendered in connection with this
transaction. Alan Brock and Associates, Inc. represent the Seller only in this transaction.
Purchaser hereby acknowledges that Broker has advised Purchaser by this writing to obtain a policy
of Title Insurance and/or have title examined by a qualified attorney. Purchaser represents and
warrants that it has dealt with no other real estate broker and has incurred no obligation to pay a
commission to any other person or entity in connection with the transaction contemplated hereby.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.07. <U><B>Damage to Project.</B></U> Should the Project be damaged by fire or other casualty
prior to the Closing so the same cannot be fully restored within one (1)&nbsp;month thereafter, then
purchaser shall have the option within fifteen (15)&nbsp;days of being notified of such casualty to
terminate this Agreement, in which event neither party shall be liable to the other and the Earnest
Money shall be returned to the Purchaser. If Purchaser fails to exercise such option, or if the
damage is such that the project can be fully restored within one (1)&nbsp;month, the purchase and sale
shall be consummated.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>10.08. </B><U><B>Time.</B></U> Time is of the essence in all things pertaining to the performance of
this Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>10.09. </B><U><B>Obligations.</B></U> To the extent necessary to carry out the terms and provisions
hereof, the terms, conditions, warranties, representations, obligations and rights set forth herein
shall not deemed terminated at the time of the Closing, nor shall they merge into the various
documents executed and delivered at the time of the Closing.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>10.10. </B><U><B>Applicable Law; Venue.</B></U> The laws of the State of Nevada shall govern the
construction, enforcement, interpretation and validity of this Agreement. The obligations of the
parties are performable and venue for any legal action arising out of this Agreement shall lie in
Churchill County, Nevada.
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->10<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.11. <U><B>Headings; Construction.</B></U> The headings which have been used throughout this
Agreement have been inserted for convenience of reference only and do not constitute matter to be
construed in interpreting this Agreement. Words of any gender used in this Agreement shall be held
and construed to include any other gender and words in the singular number shall be held to include
the plural, and vice versa, unless the context requires otherwise. The words &#147;herein&#148;, &#147;hereof&#148;,
&#147;hereunder&#148; and other similar compounds of the work &#147;here&#148; when used in this Agreement shall refer
to the entire Agreement and not any particular provision or section. If the last day of any time
period stated herein shall fall on a Saturday, Sunday, legal or banking holiday, then the duration
of such time period shall be extended so that it shall land on the next succeeding day which is not
a Saturday, Sunday, legal or banking holiday.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>10.12. <U>Invalid Provisions.</U></B> If any one or more of the provisions of this Agreement, or
the applicability of any such provision to a specific situation, shall be held invalid or
unenforceable, such provision shall be modified to the minimum extent necessary to make it or its
application valid and enforceable, and the validity and enforceability of all other provisions of
this Agreement and all other applications of any such provision shall not be affected thereby.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>10.13. <U>Counterpart Execution.</U></B> This Agreement may be executed in several counterparts,
including facsimile copies, each of which shall be fully executed as an original and all of which
together shall constitute one and the same instrument.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.14. <U><B>Further Acts.</B></U> In addition to the acts recited in this Agreement to be
performed by Seller and Purchaser, Seller and Purchaser agree to perform or cause to be performed
at the Closing or after the Closing any and all such further acts as may be reasonable necessary to
consummate the transactions contemplated hereby.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>10.15. </B><U><B>Tax Deferred Exchanges.</B></U> Purchaser&#146;s and Seller&#146;s interest in this Agreement
may be assigned to a Qualified Intermediary as provided in IRC Regulation&nbsp;1.1031 in order to
facilitate a tax deferred exchange. All costs and expenses incurred by reason of any such exchange
shall be borne by the exercising party.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>10.16. </B><U><B>Effective Date.</B></U> The effective date (&#147;Effective Date&#148;) of this Agreement shall
be the date this Agreement is executed by both Seller and Purchaser.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.17. <U><B>Confidentiality.</B></U> Purchaser hereby agrees that the terms of this Agreement will
not be disclosed or discussed with any third parties, including but not limited to,employees
working at the hotel.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.18. <U><B>Expenses.</B></U> Except as specifically set forth in this Agreement, each party shall
bear its own expenses in the performance of this Agreement and Closing.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>IN WITNESS WHEREOF, </B>this agreement has been duly executed in multiple counterparts (each of
which is to be deemed an original for all purposes) by the parties thereto on the respective dates
appearing opposite each party&#146;s signature.
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->11<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left"><B>SELLER:</B><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Mark J. Miller
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">Mark J. Miller&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">Title:</TD>          <TD align="left">CFO&nbsp;</td>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Date: 10/1/07

</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left"><B>PURCHASER:</B><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Rupinder Dhillon
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">Rupinder Dhillon&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title:</TD>   <TD>   President&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Date: 9/28/07

</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">ESCROW INSTRUCTIONS
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">1.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Title Company acknowledges receipt of the deposit of $75,000 in escrow to be held
without interest.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">2.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Deposit is to be returned to Purchaser only in the event the written notice
provided by Section&nbsp;5.05 is received and verified by Seller.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">3.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Otherwise the Deposit shall be released to Seller upon its written request.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">4.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>All other funds received into escrow are to be distributed in accordance with Closing
Instructions to be provided.</TD>
</TR>

</TABLE>
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt"> Margie Roma FBO Stewart Title, acknowledged receipt of this Agreement of Sale
and Purchase and agrees to be bound by the terms of this Agreement this  2<SUP style="font-size: 85%; vertical-align: text-top">nd</SUP> day
of October, 2007,
</DIV>


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">STEWART TITLE COMPANY<BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Margie Roma
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">Margie Roma&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">Title: </TD>  <TD align="left">   Sr. Escrow Officer&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>

<P align="center" style="font-size: 10pt"><!-- Folio -->12<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Exhibit&nbsp;A<BR>
Joint Marketing Agreement</B>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->13<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Joint Marketing Agreement</B>
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;THIS AGREEMENT (The &#147;Agreement&#148;) is made as of the Effective Date as defined herein by and
between Stockman&#146;s Casino, a Nevada corporation (&#147;Stockman&#146;s&#148;) and Dhillon Hospitality Management
Inc. of 3309 Vancouver Drive, Modesto, California 95355, or its assigns (&#147;Dhillon&#148;). In
consideration of the agreements contained herein and for other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, Seller and Purchaser hereby agree as
follows:
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">1.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In conjunction with the execution of this Agreement, Stockman&#146;s has sold to Dhillon and
Dhillon has purchased from Stockman&#146;s the Holiday Inn Express (&#147;HIE&#148;) located in Fallon,
Nevada.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">2.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Parties hereto understand and agree that it is in their mutual best interest to jointly
market and advertise their respective businesses and operations.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">3.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Provided there is no objection from IHG, Dhillon hereby agrees to place in the appropriate
location in the hotel the following which shall be prepared at Stockman&#146;s expense:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">A.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In room directory having Stockman&#146;s menus and casino info</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">B.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Tent cards in rooms with games and restaurant info</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">C.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Casino and restaurant posters in elevators.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">4.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Dhillon hereby agrees to provide a discount of 10%-25% depending on the season and allow:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">A.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Distribution of promotional and discount coupons at check in<BR></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">B.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Soft season room rate promo&#146;s mailed to Stockman&#146;s data base</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">C.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Stockman&#146;s to use the first floor meeting room when not otherwise in use or
occupied at no cost, except a $20 per day cleaning fee.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">D.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Stockman&#146;s its most preferred or &#147;favored customer&#148; discount to Stockman&#146;s for
Stockman&#146;s use of any hotel amenity, including pool and patio for parties, guest room
rental and meeting room rental.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">5.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Stockman&#146;s agrees to allow Dhillon use of the HIE sign as currently mounted on the large
reader board sign on W. Williams Avenue and the small sign on the corner of the property. The
parties agree to share in the cost of maintenance of the signs in proportion to the square
footage of usage of the sign. Dhillon shall assume the cost for any changes to the physical
HIE sign made by Dhillon or made or required by IHG or any Holiday Inn company. In the event
that IHG or any Holiday Inn company shall require Dhillon to place a sign at a location other
than the large reader board sign on W. Williams Avenue, Stockman&#146;s shall provide Dhillon with
a mutually agreeable location on the property of Stockman&#146;s for the placement of the sign,
which Dhillon shall bear the sole and exclusive obligation and expense to acquire, install,
maintain and provide utility service.</TD>
</TR>

</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->14<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">6.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The parties agree to allow food and beverage service from Stockman&#146;s Casino to be charged to
registered hotel guest accounts and that such charges will be settled and paid by Dhillon to
Stockman&#146;s weekly after the close of the guest account.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">7.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The parties agree to meet and negotiate in good faith any other joint marketing or
advertising effort, for example roadside billboards and including the agreed upon sharing of
the expense therefore.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">8.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Nothing in this agreement or otherwise shall limit or restrict each party from marketing or
advertising their individual business or operation provided that neither party shall disparage
or call into disrepute the business of the other party.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">9.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In consideration of the promises and obligations of Stockman&#146;s, Dhillon agrees that he will
not conduct and will not permit the conduct of gaming on the premises during the Term of this
Agreement. This provision shall survive the termination of this Agreement and be in effect for
a total of 25&nbsp;years.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">10.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Effective Date of this Agreement shall be the Date of Closing of the Purchase and Sale
Agreement related to the HIE of the parties.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">11.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>This Agreement shall terminate on the earlier of:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">A.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The date which is Five (5)&nbsp;years following the Effective Date;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">B.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The date of any transfer of the entire ownership of either Stockman&#146;s or the
HIE.</TD>
</TR>

</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">If this Agreement is terminated after 5&nbsp;years, both parties agree to negotiate in good faith
a new mutually acceptable Joint Marketing Agreement.
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">12.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>This Agreement is not assignable or transferable but shall inure to the benefit of and be
binding on the person or entity who is Grantee on the Deed of land conveyance on the Date of
Closing (as that term is used in the Purchase and Sale Agreement).</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">13.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>This agreement constitutes the entire and final expression of the agreement of the parties
hereto and supersedes all previous agreements and understanding of the parties, either oral or
written. There are no other agreements, oral or written, between parties regarding the
Project, and this agreement can only be amended by written agreement signed by the parties
hereto and by reference made a part hereof.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">14.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The laws of the State of Nevada shall govern the construction, enforcement, interpretation
and validity of this Agreement. The obligations of the parties are performable and venue for
any legal action arising out of this Agreement shall lie in Churchill County, Nevada.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">15.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Words of any gender used in this Agreement shall be held and construed to include any other
gender and words in the singular number shall be held to include the plural, and vice versa,
unless the context requires otherwise. The words &#147;herein&#148;, &#147;hereof&#148;, &#147;hereunder&#148; and other
similar compounds of the work &#147;here&#148; when used in this</TD>
</TR>

</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->15<!-- /Folio -->
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR valign="top" style="font-size: 10pt; color: #textcolor#; background: #bgcolor#">
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Agreement shall refer to the entire Agreement and not any particular provision or section.
If the last day of any time period stated herein shall fall on a Saturday, Sunday, legal or
banking holiday, then the duration of such time period shall be extended so that it shall
land on the next succeeding day which is not a Saturday, Sunday, legal or banking holiday.</TD>
</TR><TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">16.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If any one or more of the provisions of this Agreement, or the applicability of any such
provision to a specific situation, shall be held invalid or unenforceable, such provision
shall be modified to the minimum extent necessary to make it or its application valid and
enforceable, and the validity and enforceability of all other provisions of this Agreement and
all other applications of any such provision shall not be affected thereby.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">17.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>This Agreement may be executed in several counterparts, including facsimile copies, each of
which shall be fully executed as an original and all of which together shall constitute one
and the same instrument.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IN WITNESS WHEREOF, the Parties hereto execute this Agreement as their authorized act on the
date first set forth above.
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD colspan="5" valign="top" align="left">STOCKMAN&#146;S CASINO</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="5" valign="top" align="left">DHILLON HOSPITALITY MANAGEMENT INC.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top">By</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">/s/ Mark J. Miller</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">By</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">/s/ Rupinder Dhillon</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Name:
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Mark J. Miller
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Name:
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Rupinder Dhillon</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Title:
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">CFO
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Title:
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">President</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P align="center" style="font-size: 10pt"><!-- Folio -->16<!-- /Folio -->
</DIV>




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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>a34304exv99w1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<HTML>
<HEAD>
<TITLE>Exhibit 99.1</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="right" style="font-size: 10pt; margin-top: 12pt">Exhibit&nbsp;99.1
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><I>For Immediate Release</I>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><U><B>FULL HOUSE RESORTS ANNOUNCES SALE OF HOLIDAY IN EXPRESS</B></U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas &#151; (Business Wire) &#151; October&nbsp;5, 2007 &#151; Full House Resorts (AMEX : FLL) today
announced that it has agreed to sell the Holiday Inn Express hotel in Fallon Nevada for $7.2
million in gross proceeds. The company expects to net approximately $6.1&nbsp;million in after tax
proceeds which it intends to use to reduce debt. After considerable deliberation, management
determined that the hotel was not strategically important for the Company&#146;s long-term goals or in
driving business to the casino. The Company acquired Stockman&#146;s Casino and the Holiday Inn Express
in January&nbsp;2007 for approximately $27.4&nbsp;million based on a multiple of operating cash flow. The
hotel sales price exceeds the operating cash flow multiple paid for the combined entity.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Andre M. Hilliou, Chief Executive Officer of Full House Resorts, said: &#147;We gave careful
consideration to the sale of the Holiday Inn Express hotel but in the end we believe the sale
proceeds from the hotel will provide us with greater flexibility to pursue our growth goals. We
expect the casino to continue to improve modestly as we upgrade the restaurants and overall
operations.&#148;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The agreement includes a joint marketing agreement with the new owner, a prohibition on gaming
activity at the hotel and is subject to a 45&nbsp;day due diligence period. The sale of the Holiday Inn
Express is expected to close in January, 2008.
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">About Full House Resorts, Inc.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Full House owns, develops and manages gaming facilities. Full House owns the Stockman&#146;s Casino and
Holiday Inn Express in Fallon, Nevada which has 8,400 square feet of gaming space with
approximately 280 gaming machines, 4 table games and a keno game. The casino has a bar, a fine
dining restaurant and a coffee shop. The Holiday Inn Express has 98 guest rooms, indoor and outdoor
swimming pools, a sauna, fitness club, meeting room and business center. Full House also receives a
guaranteed fee from the operation of Harrington Slots, formerly Midway Slots and Simulcast at the
Delaware State Fairgrounds in Harrington, Delaware. Harrington Slots recently opened an expansion
and is remodeling its original building which will result in a total of 2,000 gaming devices, a
buffet, gourmet Steak House, other food and beverage outlets and an entertainment lounge. Full
House also has a management agreement with the Nottawaseppi Huron Band of Potawatomi Indians for
the development and management of a first-class casino/resort with 2,500 gaming devices, 90 table
games and 20 poker tables in the Battle Creek, Michigan area, which is currently in development.
In addition, Full House has a Gaming Management Agreement with the Namb&#233; Pueblo of New Mexico for
the development of a coordinated entertainment venue centered on a 50,000 square foot casino and
with the Northern Cheyenne Nation of Montana for the development and management of a 27,000 square
foot gaming facility. Further information about Full House can be viewed on its web site at
<u>www.fullhouseresorts.com</u>.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Forward-looking Statements
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Some of the statements made in this release are forward-looking statements. These forward-looking
statements are based upon Full House&#146;s current expectations and projections about future events and
generally relate to Full House&#146;s plans, objectives and expectations for Full House&#146;s business.
Although Full House&#146;s management believes that the plans and objectives expressed in
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">these forward-looking statements are reasonable, the outcome of such plans, objectives and expectations
involve risks and uncertainties including without limitation, regulatory approvals, financing
sources and terms, integration of acquisitions, competition and business conditions in the gaming
industry. Additional information concerning potential factors that could affect Full House&#146;s
financial condition and results of operations is included in the reports Full House files with the
Securities and Exchange Commission, including, but not limited to, it&#146;s Form 10-KSB for the most
recently ended fiscal year.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">For the foregoing reasons, readers and investors are cautioned that there also can be no assurance
that the outcomes expressed in Full House&#146;s forward-looking statements included in this release and
otherwise will prove to be accurate. In light of the significant uncertainties inherent in such
forward-looking statements, the inclusion of such information should not be regarded as a
representation or warranty by Full House or any other person that Full House&#146;s objectives and plans
will be achieved in any specified time frame, if at all. Full House does not undertake any
obligation to update any forward-looking statements or to announce revisions to any forward-looking
statements.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"># # #
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">For further information, contact:

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Mark Miller, Chief Financial Officer<BR>
Full House Resorts, Inc.<BR>
702-221-7800<BR>
<u>www.fullhouseresorts.com</u>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Or

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">William R. Schmitt<BR>
Integrated Corporate Relations<BR>
203-682-8200<BR>
<u>investors@fullhouseresorts.com</u>

</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>



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